J...Hope you did not put to much into this company. It's fundamentals are not that bad. At least what we know of. You have a company that has 2 working mines and no debt, and still be one of the worst performing mines. IM must know something we do not. IM ownership is dropping and past gung-yo-ers are gone. By the way they are called "Shorts" and they are everywhere, especially in this business. Good Luck!!!
The paper manipulation will end soon. Ultimately the only real asset worth anything is a hard asset. If the Gold standard falls nations will fall. Paper is just that… paper. It will be needed to stay warm or cool whichever way you want to look at it. Paper is a worthless in value transfer mechanism; Gold is a previous metal with many industrialized applications.
Since Schwab just gave PKD a "A" rating and its been in a nose dive since...I pick the below 4 scenario...
Boy or Boy...!!! GS or CS...Which one is worse? Every time my stocks are rated an "A" rating from Schwab they drop like a rock. Makes you wonder??? It is so fricken obvious!!!